Oil prices fell on Tuesday over signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading, stoking concerns over future fuel demand. The gloomy…
Read More Oil prices drop as China economic slowdown threatens to spreadCategory: Economy
Dollar near 3-week high after IMF cuts growth forecasts
The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund cut its forecasts for the…
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LCCI urges World Bank to review ease of doing business indicators
The Lagos Chamber of Commerce and Industry (LCCI) says the World Bank needs to review the indicators for composition of the Ease of Doing Business Index to reflect the reality…
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9mobile appoints new Chief Financial Officer
Telecommunications company, 9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer. The Acting Managing Director of 9mobile, Stephanie Beuvelet, who disclosed this in a…
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CBN may increase items on forex restriction list to 50
The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production and stimulate the export market.…
Read More CBN may increase items on forex restriction list to 50